Very profitable, lighting and fine furniture store for sale

Flagstaff, AZ (Coconino County)

Very profitable, lighting and fine furniture store for sale
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Asking Price: Get Financing: $699,000

Cash Flow: $280,000

Gross Revenue: $2,000,000

EBITDA: N/A

FF&E: $210,000

Inventory: N/A

Lease Rate: $11,430 /Month

Established: 1979

Very profitable, lighting and fine furniture store for sale

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Business Description

A truly rare opportunity has become available in Flagstaff Arizona to purchase a turn key very profitable lighting and fine furniture store. The store is not only a full-service lighting showroom it is also a destination for gorgeous high-quality home furnishings for every room in the home. The store is well known for their reasonable prices for the high quality they carry, and excellent customer service. They also work directly with local contractors and home builders to take care of all their lighting needs for the new home or remodel. They enjoy exclusive dealer preference for northern Arizona from a number of key manufacturers and are qualified dealers for most every lighting line available in the US today. This is truly a rare opportunity to purchase one of the most successful retail businesses in Flagstaff today which started in 1979.

Detailed Information

Real Estate:
Leased
Building SF:
15,000
Lease Expiration:
9/30/2019
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The 10,000 square-foot showroom and 5,000 square-foot warehouse on a 26,100 square-foot lot with great parking and excellent location in Flagstaff is being leased at the very reasonable price of $11,430 per month with a gross lease. The lease is a two-year lease and has another two-year option. The landlord is willing to sign a new long-term lease with a qualified owner.
Financing:
Some Seller Financing maybe available
Support & Training:
Owners are willing to provide a transition period with the new owner.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Kevin Call

Business Listed By:
Kevin Call

Colliers International

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